In 2023, the gutted fresh seafood production in capture fisheries for human consumption in the UK stood at 22.2 thousand metric tons. From 2024 to 2028, a declining trend is projected, with volumes reducing from 21.28 thousand metric tons to 17.86 thousand metric tons. Year-on-year reductions range from approximately 3.98% to 4.45%. The compound annual growth rate (CAGR) during this period is expected to reflect a decrease over five years.
Future trends to watch for:
- Impact of Brexit on quotas and fishing rights
- Environmental concerns affecting fish stock sustainability
- Advancements in aquaculture potentially mitigating capture fishery declines
- Changes in consumer preferences towards sustainable seafood options